Digi Power X secures commitment for US$200 million debt financing for Alabama AI data center project
Bitget2026/10/13 11:33Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Digi Power X received a commitment letter for US$ 200 million in debt financing for its 40 MW AI data center in Columbiana, Alabama.
- Goldman Sachs is syndicating the financing, expected to close within 90 days, subject to documentation and lender due diligence.
- Structure set at a project SPV level, backed by an unsecured corporate guarantee through completion and other limited matters.
- Proceeds earmarked to complete the Alabama project, support related costs, preserve liquidity, reduce dilution, support additional customer contracts.
- Construction timeline unchanged, with Phase 1 targeted for December 2026, Phase 2 for March 2027.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Digi Power X Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202610130730ACCESSWRNAPR_____1236162) on October 13, 2026, and is solely responsible for the information contained therein.
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